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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities:      
Net earnings $ (3,693) $ 1,365 $ 259
Adjustments to reconcile net earnings/(loss) to net cash provided by operating activities:      
Depreciation and amortization 913 1,000 1,032
Loss on Sale of Investments 0 3 6
Gain on Sale of Investments (579) 0 0
Impairments and (gain)/loss on disposal of assets, net 7 (488) 1,417
Loss on early extinguishment of debt 16 0 2
Share-based compensation 90 82 85
Provision for/(benefit from) deferred income taxes (961) (83) (1,012)
Provision for bad debts 106 88 74
Change in fair value of contingent consideration obligation 0 0 (2)
Change in operating assets and liabilities, net of effects from acquisitions and divestitures:      
Decrease/(increase) in trade receivables 82 (751) (871)
Increase in inventories (409) (551) (1,211)
Increase/(decrease) in accounts payable (162) 1,864 2,574
Other accrued liabilities and operating items, net 6,550 193 415
Net cash provided by operating activities 1,960 2,722 2,768
Cash flows from investing activities:      
Acquisition of subsidiaries, net of cash acquired 0 (82) (6,142)
Additions to property and equipment (375) (328) (384)
Purchase of other investments (20) (18) (9)
Proceeds from sale of investments and available-for-sale securities 886 3 65
Proceeds from divestitures, net of cash sold, and disposal of property and equipment 2 763 862
Net cash provided by/(used in) investing activities 493 338 (5,608)
Cash flows from financing activities:      
Payment of contingent consideration obligation 0 0 (35)
Net change in short-term borrowings (2) 0 (50)
Payments to Acquire Businesses and Interest in Affiliates 0 0 106
Reduction of long-term obligations (1,399) (1,102) (954)
Proceeds from interest rate swap terminations 112 0 0
Proceeds from long-term obligations, net of issuance costs 0 0 3
Net tax proceeds/(withholding) from share-based compensation 8 (14) (3)
Dividends on common shares (569) (577) (581)
Purchase of treasury shares (350) (600) (550)
Net cash used in financing activities (2,200) (2,293) (2,276)
Effect of exchange rates changes on cash and equivalents (13) 1 4
Cash reclassified to assets held for sale 0 0 (4)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 240 768 (5,116)
Cash and equivalents at beginning of period 2,531 1,763 6,879
Cash and equivalents at end of period 2,771 2,531 1,763
Supplemental Information:      
Cash payments for interest 226 285 320
Cash payments for income taxes $ 368 $ 311 $ 425